1218 days ago • Posted by William Ramstein
US fed started acquiring corporate bonds. Corporate bond yields have tumbled back down and nurtured a borrowing spree. US companies have sold $2.4Tn of bonds so far this year. Most US firms are however too small to even contemplate issuing bonds, but PPP which ended this summer offered much support to firms in need this year which is why bankruptcies have been so few. source: FT
